Project Updates
Last updated
Last updated
On August 8, 2024, a tweet emphasized that Runecoin's success depends on liquidity and that the project will continue experimenting to attract it. While the extreme bull case envisions Runecoin becoming the second most valuable cryptocurrency, the bear case is zero. Despite the uncertainty, the team remains committed to supporting the ecosystem.
On August 14, 2024, the Runecoin team tweeted, "Let’s see if Runecoin works in the wild," inviting the community to sell their digital assets in exchange for Runecoin, with plans to give these assets away at a later time.
In follow-up tweets, the team revealed they had spent 30 million Runecoin to acquire various assets, including an ASIC Bitcoin miner, Bored Ape, CryptoPunk, NodeMonke, OMB, Puppet, and Quantum Cat.
Afterward, they asked the community for ideas on how to distribute these assets. As of now, the assets remain in the team's wallets, and no details have been shared on how the giveaways will be conducted.
On November 24, 2024, the Runecoin team tweeted, "Sending 888 Runecoin to a friend who doesn't have any might be a nice thing to do this Thanksgiving week." A few days later, they rewarded participants by sending 8,888 Runecoin for every 888 Runecoin given to a friend. The team also suggested that the technology used to identify on-chain participants is non-trivial and could benefit the broader ecosystem in the future.
On January 21, 2025, marking the one-year anniversary of the original RSIC METAPROTOCOL ordinals airdrop, the Runecoin team tweeted "Block 888,888" with an animation of a spinning coin. On block 888,888 (March 22, 2025) the season 2 whitepaper was inscribed.
On Janurary 25, 2025, the Runecoin team consolidated 1.785 billion $Runecoin into their 4 wallets.
ONE
TWO
THREE
FOUR
Duration
Season 2 started at Bitcoin block 840,000.
It ends at a future block called Block F.
Block F will be announced at least 8,888 blocks in advance
Secret Stacking
If your RSIC has been transferred at least once, it's active.
Each active RSIC earns 21 "secrets" per block.
Secrets accumulate with each new block while you hold the RSIC.
Hash-Aligned "Rarity" Bonus
Every block has a last hexadecimal digit in its hash (0–f).
If your RSIC’s type matches that digit, it is “hash-aligned.”
That RSIC gets bonus secrets:
Formula: 21,000 × 21 ÷ n
Where n
= number of hash-aligned RSICs in that block.
Fewer aligned RSICs = larger bonus per RSIC
This is a dynamic rarity reward
Runecoin Activation (post block 888,888)
Starting at block 888,888, Runecoin (RC) holders can also stack secrets.
But RC must be activated via a self-send: send RC from an address to itself.
Only multiples of 88,888 RC will earn secrets.
Per 88,888 activated RC = 8 secrets per block
Example:
88,888 RC = 8 secrets/block
177,776 RC = 16 secrets/block
100,000 RC = still just 8 secrets/block (must hit full 88,888 units)
Chaos Phase
Once Block F is announced, a Chaos period begins:
Lasts 8,888 blocks, ending at Block F.
Details unknown — may be a final reward or distribution phase.
Stacking is Cumulative
The more active RSICs and activated Runecoin you hold, the more secrets you stack.
There’s no cap.
Secrets accumulate per block, creating a game of time, quantity, and alignment.
Choices
Hash → Stay in the game, accumulate secrets
Fade → Ignore the system, miss out
Vibe:
“The factory hums. The ingots glow. We grow together. Or not at all.”